Why Ian King, Cryptocurrency Investment Expert, Believes That Cryptocurrency is Here to Stay.

The current menu of online banking, electronic trading and the continual, 24-7 stream of market information proves that the technological advancements in computing, financial management and data transfer are rapidly changing both the way we invest and how we think about our investments.

The latest significant advancement, blockchain technology, and with it the advent of the cryptocurrencies, are now fundamentally changing our perception of what assets are, how to manage and a new style of market trading.

While the viability of long term growth and the continued demand for cryptocurrency trading has its skeptics, The Chicago Board Options Exchange (CBOE) and the Chicago Board Options Exchange (CME) have begin providing futures in cryptocurrency. Goldman Sachs has also entered the cryptocurrency market and has added cryptocurrencies to its institutional trading desk.

Ian King, cryptocurrency investment expert for Banyan Hill Publishing, believes that cryptocurrencies are here to stay. He points to the “peer-to-peer” nature of the blockchain technology, which allows a person to transfer assets directly to another person without going through an intermediary, such as a bank. Cryptocurrencies eliminate the need for a central bank or foreign exchange. While it will never replace the world’s regular currencies, cryptocurrency transactions are cheaper to conduct, there are no banking fees, foreign exchange rates or merchant service fees, allowing them to function as purely universal currency. Read more about Ian King at tumblr.com for more updates

With the development of apps such as Coinbase have made cryptocurrency trading available to almost everyone. While still an underutilized market, its ease of use and lack of third-party transaction fees, means that the market will continue to grow and increase. Cryptocurrency is a serious consideration for the modern investment portfolio.

There are cautions to keep in mind Ian King warns, with cryptocurrencies popping up for everything, it is easy to diversify too much. Cryptocurrency may be here to stay, but that doesn’t mean all newly cryptocurrencies will survive. He also warns that cryptocurrency scams will become more common and developed as the market grows. Read this article at Investopedia about Ian King

Ian King credits his curiosity with leading him into cryptocurrencies. After working with Solomon Brothers, Citigroup and Peahi Capital, Ian King’s inquisitive nature caused him to probe and research cryptocurrency and its market. He joined Banyan Hill Publishing as editor and cryptocurrency investment expert. Currently he is creating a crypto trading course for Banyan Hill and an investment advisory on cryptocurrency.

Read:https://www.zerohedge.com/news/2018-01-08/bitcoin-end-beginning

 

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